New Dev Year End Wrap Up

As we enter into 2023, let us take a look at the most important new development news in NYC from the past year, and what we have to look forward to in the future. Here is NewDevRev’s rundown of the biggest NYC new development news of 2022. Catch up on what you missed from the past year.

Manhattan’s Best New Developments in 2022

Here are some of Manhattan real estate’s newest and most interesting developments.

Claremont Hall

Claremont Hall, designed by Robert A.M. Stern Architects, developed by Lendlease and L+M Development Partners, is a 165 unit, 41 story condominium building in Morningside Heights. This soaring building takes inspiration from the historic architecture of the neighborhood, typified by nearby Columbia University.

Developed in coordination with the Union Theological Seminary (UTS), Claremont Hall brings a sense of history to luxury condo living. Gothic architectural touches make the new development blend in with the preserved facade of the UTS’s former refectory building. This unique marriage of past and present is unlike anything else in Manhattan.

One High Line

One High Line, located at 500 West 18th Street, was finally completed in 2022 after facing many challenges and changes in the last several years. Originally developed by Ziel Feldman of HFZ, the Bjarke Ingels Group designed building was later taken over by Witkoff and Access Industries in 2021.

A set of two twisting towers, One High Line has 236 units that offer residents unbeatable luxury in West Chelsea. One building is 36 stories, while the other is 26 stories. Units range from one to five bedrooms.

The Cortland

Located in West Chelsea at 555 W 22nd Street, the Cortland is a 144 unit, 25 story condominium building on the Hudson River waterfront. It was developed by Related Companies and Mitsui. It was designed by Robert A.M. Stern Architects and Olson Kundig.

With a variety of luxury wellness and entertainment amenities, the Cortland’s residents have access to everything from a children’s play array to a massive terrace with incredible views of the Hudson River.

Iris Tribeca

Iris Tribeca at 19 Park Place is a 24 unit, 21 story luxury condominium in Tribeca. It was developed by ABN Realty LLC and was designed by Ismael Leyva Architects. This thin, modern, building features curving metal, large glass windows, and balconies on every level. The units range from studios to 3 bedrooms, and offer great views of surrounding Tribeca and the Manhattan skyline.

ONE11 Residences

ONE11 Residences is a luxury condominium located at 111 West 56th Street, right off of Central Park. This 99 unit building has 42 stories. The lower floors are occupied by Hyatt’s Thompson Central Park Hotel. It was developed by GFI Capital and was completed in 2022.

The Edison Gramercy

The Edison Gramercy at 250 East 21st Street is a 13 story, 54 unit condominium building developed by Urban Development Partners and designed by architect Isaac & Stern. The building blends the classic and modern, with traditional architectural touches done in distinctly contemporary materials. Residences range from studio to four bedroom units.

Flatiron House

Just off of Madison Square Park, the Flatiron House is a 22 story, 44 unit condominium building developed by Anbau and designed by architect COOKFOX. The building has a limestone and terracotta facade, and offers a host of luxury amenities for residents.

101 West 14th Street

101 West 14th Street is smaller than some of the other development projects on our year end wrap up, but it still brings luxury condominium living to the lucky residents in its 44 units. This 13 story building was designed by ODA New York and was developed by Gemini Rosemont.

The Elisa

Another smaller development, the Elisa is an 11 story, 25 unit boutique condominium located in Chelsea. Designed by architect Isay Weinfeld, the Elisa’s oversized windows set into a brick facade let in large amounts of natural light, aided by high ceilings in each residence. The Elisa was developed by FPNY.

100 Vandam

100 Vandam is a 72 unit, 25 story condominium in Hudson Square. It was designed by architect COOKFOX and was developed by Jeff Greene. COOKFOX is committed to sustainable and innovative architecture, so they reused and renovated the existing 1888 warehouse that serves as the basis of the structure. The rest of the building extends from this original building, giving 100 Vandam a unique and striking facade.

300 West 30th Street

300 West 30th Street in Chelsea is a 69 unit, 16 story condominium building designed by Studio C Architects and developed by Hiwin USA. This mixed use building is primary residential space, with retail space on the ground level. The units range from studios to 2 bedrooms, and feature large windows set into a sleek, metal and glass facade. Residents can enjoy plenty of natural light, and views of nearby Penn station and the surrounding neighborhood.

Brooklyn’s Best New Developments in 2022

Manhattan is not the only borough that saw exciting new developments in 2022. Here are some of the Brooklyn buildings that are reshaping the brough’s skyline.

The Brooklyn Tower

Although the Brooklyn Tower topped out in 2021, it is projected to finish final touches in 2023. During 2022, the tower really came into its own, with most of the facade work being completed by the end of the year. Now, Brooklynites can take in this striking tower’s gleaming black and bronze facade in all of its glory.

The Brooklyn Tower, a mixed use luxury development in the heart of Downtown Brooklyn, is now the tallest building in the borough. Residents can enjoy incredible amenities and beautifully appointed interiors, all while taking in sweeping views of Manhattan, the East River, and the rest of Brooklyn.

At the base of the Brooklyn Tower, you’ll find the historic Dime Savings Bank, now lovingly restored to its former glory. It will serve as the hub of a retail plaza, as well as a connection between the rest of the tower and the surrounding neighborhood.

Post House

Post House is a Boerum Hill condominium with 11 stories and 41 luxury units. It was designed by architects Isaac & Stern and Workshop/ADP. It was developed by Sterling Town Equities. Post house gets its name and inspiration from the 1925 Post Office that used to stand on the site. The residences feel classic and modern, matching the feel of the neighborhood and surrounding architecture.

Manhattan New Developments to Watch in 2023

Here are some projects that are coming to Manhattan in the coming years. Permits have been filed, and it will be interesting to see how these properties develop over the course of 2023.

1637 First Avenue

Plans were filed for 1637 First Avenue in 2021, but Extell ran into issues with a holdout resident in 2022. Thanks to a new court ruling, Extell’s path forward is now unimpeded. Now they will be able to begin construction on the projected 22-story Yorkville tower. The building will have ground floor retail space, two cellar levels, and 459 residential units.

495 11th Avenue

Permits have been filed for 495 11th Avenue, a proposed two tower development in Midtown West. The towers would top out at 57 stories and 680 ft tall. The applications list NYC Economic Development Corporation as the owner of the site, and FXCollaborative and Gene Kaufman Architects are listed as the designers. The building would include residential space, as well as community space and a hotel.

Brooklyn New Developments to Watch in 2023

Here are some projects announced or begun in 2022 that are set to change the Brooklyn Skyline in the coming years. Be on the watch to see how these developments progress throughout 2023

365 Fulton Street

Although the permits for 365 Fulton Street were filed back in 2021, demolition on the site did not begin until 2022. As the year ended, demolition was almost complete. Hopefully this means construction will begin in 2023. If all goes to plan, then 365 Fulton Street will be a wonderful addition to the rapidly changing Downtown Brooklyn skyline.

Originally, 365 Fulton Street was being developed by the Feil Organization, but was taken over by Extell via a ground lease in 2022. The site was valued at $86 million, and is in a prime location near Fulton Mall with easy access to transportation, entertainment, and shopping.

Designed by MdeAS Architects and SLCE Architects, 365 Fulton Street will top out at 496 ft. tall. The 43 story mixed use skyscraper will have 421 residential units. Likewise, quite a bit of commercial real estate space is in the works.

840 Atlantic Avenue

Brooklyn’s Prospect Heights will debut a new 17 story mixed use building at 840 Atlantic Avenue. Developed by Suzuki Capital and designed by Hamish Whitefield Architects, the building will top out at 175 ft tall. It will have commercial space, community facility space, and both market rate and income restricted residences.

Demolition permits have not yet been filed, so we will keep you up to date on any further developments regarding 840 Atlantic Avenue going forward into 2023.

500 Kent Avenue

Designed by Marvel Architects and developed by 500 Kent LLC, this riverside Williamsburg building is set to be 23 stories of office and commercial space. The base 500 Kent will be made up of two separate buildings, one much shorter than the other. They will be linked by skybridges. In 2023, we will look to see if any more permits are filled to begin construction on the site.

NewDevRev in 2023

Be sure to keep checking New Dev Rev for all of your NYC real estate news. We will keep you up to date on the projects we are anticipating, as well as the exciting unknowns yet to come.